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Daily Dispatches

Gold lease rates continue rise

Section: Daily Dispatches

By Bill Murphy
March 8, 2001

Spot gold $265.40 up $3.70
Spot silver $4.48 up 6 cents

Clinton did it. I can see the new White House pointing the finger at
his administration when the gold price goes berserk and the financial
world is trying to figure out what is going on and how this could
have happened.

On that note, the office of Dow Jones White House correspondent John

BIS/gold price-fixing litigation status report

Section: Daily Dispatches

Gold prices touch two-month high;
shares of metals companies edge higher

By Myra P. Saefong
Friday, March 9, 2001

NEW YORK (CBS.MW) -- Gold futures prices climbed to their highest
level in two months Friday, as a continued rise in gold lease rates
resulted in increased bank lender buying of the precious metal.
Shares of metals edged higher on the back of gold's price gains.

Michael Kosares'' daily market commentary at

Section: Daily Dispatches

By Reginald H. Howe
March 9, 2001

Because there is some confusion over what is scheduled to happen in
U.S. District Court in Boston on March 15, and also because all
parties to the case have filed a joint motion with the court to
establish a slightly modified schedule, I am providing this status
report, which also should help to reduce somewhat my e-mail traffic.

The normal rules of procedure in federal district courts require a

Platt''s reports Bamford letter to treasury secretary

Section: Daily Dispatches

By Michael Kosares
Friday, March 9, 2001

Gold roared higher this morning spurred by international physical
buying for portfolio insurance purposes, short covering, rocketing
short-term gold lease rates (now at 6.275 percent) and aggressive
speculation that the price is headed higher.

At the top of our Daily Market Report page we have a quote from
analysts David Skarica, which reads: quot;It is our feeling that the

Gold market alert from Midas

Section: Daily Dispatches

By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
Friday, March 9, 2001

The following article appeared in last night's Platt's
news dispatches and was reprinted today by Reuters:

* * *

New York (Platt's) 8 Mar 2001 -- A member of South
Africa's Gold Anti-Trust Action Committee (GATA), a
free-market activist group, has written to U.S. Treasury
Secretary Paul O'Neill, asking him to intervene to free

Midas commentary for March 8, 2001

Section: Daily Dispatches

11a ET Wednesday, March 7, 2001

Dear Friend of GATA and Gold:

It's vital to hear what the other side has to
say and always to be testing one's beliefs, so
take a look at Clif Droke's latest essay at

a href=

Droke seems to be arguing that all gold mining

Bank of England modifies gold auction program

Section: Daily Dispatches

10p ET Tuesday, March 6, 2001

Dear Friend of GATA and Gold:

Hard-money people -- and these days that term may
include anyone who doesn't believe in using Sunday
newspaper grocery coupons as mortgage collateral --
may want to consider attending the spring dinner
meeting of the Committee for Monetary Research and
Education on Wednesday, April 4.

It will be held, as usual, at the sumptuous Union Club,

Important essays on suppression of gold price

Section: Daily Dispatches

Wednesday March 7, 05:50 PM

Treasury continues drive to halve gold reserves

By Sara Marani

LONDON (Reuters) - The Treasury says it will sell 120 tonnes of gold
in six auctions this year and next, continuing its partly completed
plan to cut the country's gold holdings to 300 tonnes from 715 tonnes.

This third set of 20-tonne auctions will start in May, and continues
Britain's programme to restructure and modernise its reserve holdings

Droke argues that hedging doesn''t matter

Section: Daily Dispatches

10:35p ET Wednesday, March 7, 2001

Dear Friend of GATA and Gold:

There are two important new essays at
about the suppression of the gold price.

The first is by Dimitri Speck:

a href=

The second is by Edmund J. Bugos, editor of The Goldenbar

Operation Goldcrest begins in Belgium

Section: Daily Dispatches

By Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
March 5, 2001

Some of you may be attending the Prospectors and
Developers Convention in Toronto that begins on March
12. If so, I look forward to meeting you.

On Tuesday evening GATA will be hosting a hospitality
suite from 7 p.m. to midnight. Please join us at the Royal
York Hotel, Suite 9175. GATA is very grateful to Canadian